Raytheon

The U.S. Navy and Raytheon unveiled the AIM-424 'Malice,' a new very long-range air-to-air missile (LRAAM) at the Tailhook Association convention in Reno, Nevada. Designed for the F/A-18E/F Super Hornet, F-35C, and future F/A-XX fighter, the two-stage solid-propellant missile exceeds 250 nautical miles in range, surpassing the AIM-120 AMRAAM and AIM-260 JATM. Already deep in testing, it aims to counter Chinese anti-access capabilities and restore U.S. air superiority in the Indo-Pacific.

9 reports · 4 sources · Updated Aug 25, 12:07 AM UTC

The U.S. Navy, via the NATO SeaSparrow Project Office, has issued a sources sought notice for a Next Significant Variant (NSV) of the Evolved SeaSparrow Missile. The new missile must counter advanced threats, fit Mk 41 launch tubes, and use a modular open-system design. The 12-nation consortium includes Australia, Belgium, Canada, Denmark, Germany, Greece, Netherlands, Norway, Portugal, Spain, Turkey, and the U.S. Responses are due October 19, with potential contract or prototype award to follow.

5 reports · 3 sources · Updated Aug 21, 11:15 AM UTC

The U.S. military awarded RTX unit Raytheon a $22.9 billion, seven-year contract to boost Tomahawk cruise missile production from 60 to over 1,000 annually. The deal, announced by Acting Navy Secretary Hung Cao, aims to replenish depleted stocks after arms supplies to allies and use in the Iran conflict. It formalizes a February framework agreement and is part of broader Trump administration efforts to secure multi-year defense contracts, including for Patriot and THAAD systems.

24 reports · 12 sources · Updated Aug 18, 04:37 PM UTC

On August 14, 2026, the Pentagon signed two seven-year framework agreements with Boeing and RTX to expand production of critical components for the Standard Missile-3 (SM-3), the U.S. Navy's primary ship-launched ballistic missile interceptor. The deals cover avionics and ejector assemblies for the SM-3 Block IB and Block IIA variants, used with the Aegis system. Demand surged after combat use in April 2024 against Iranian missiles and subsequent operations. A CSIS analysis estimated the SM-3 inventory at 414 as of December 2025, with wartime expenditures between 130 and 250 missiles, warning replenishment will take years.

17 reports · 6 sources · Updated Aug 18, 12:19 AM UTC

Raytheon and Composite Energy Technologies (CET) successfully demonstrated the Hadalus, a low-cost, long-endurance unmanned undersea vehicle (UUV), during a US Navy exercise. The 34-foot, carbon-fiber UUV completed missions on a Navy undersea test range, proving its ability to autonomously detect, reacquire, and engage targets from beneath the surface. Developed from concept to prototype in under 18 months, the Hadalus costs one-third to one-fifth of comparable vehicles, marking a significant advancement in autonomous undersea warfare capabilities.

6 reports · 2 sources · Updated Aug 12, 05:40 PM UTC

Raytheon received a $745.39 million contract from the U.S. Missile Defense Agency to produce SM-3 Block IIA interceptors for the U.S. and Japan. The joint-developed missile defends against short- to intermediate-range ballistic missiles using hit-to-kill technology. Work occurs in Tucson, Arizona, and Huntsville, Alabama, with completion by February 2031. Funding includes $275.61 million from U.S. and $277.69 million from Japanese sources. Over 400 interceptors have been delivered, with 30+ successful space intercepts.

6 reports · 2 sources · Updated Aug 10, 07:25 PM UTC

The U.S. Army has expended virtually all of its ATACMS and PrSM long-range precision missiles, and over half of global Tomahawk cruise missiles, during a five-month war with Iran that began in February 2026 under President Trump. The depletion, driven by a policy to avoid piloted aircraft strikes, has strained defensive systems like Patriot and THAAD interceptors. While the White House claims production is at record levels, analysts warn supplies may be insufficient for a prolonged conflict, raising concerns about U.S. deterrence against Russia and China.

24 reports · 10 sources · Updated Aug 5, 11:30 AM UTC

On July 21, 2026, the U.S. Navy awarded Raytheon a $1.8 billion contract extension for production and sustainment of the SPY-6 radar family, with options potentially raising the total to $3.3 billion. The advanced radar, already on two commissioned ships and 11 in testing, will equip over 50 Navy vessels within a decade. Raytheon has invested over $800 million to expand manufacturing capacity, aiming to double output by 2028.

10 reports · 4 sources · Updated Aug 3, 04:52 PM UTC

The U.S. Department of Defense awarded Lockheed Martin a record $58.6 billion contract to produce PAC-3 MSE interceptor missiles over seven years (2026-2032), aiming to triple production capacity by 2030. The deal, centered on Lockheed’s Camden, Arkansas plant, will add 650 jobs and follows a $35 billion THAAD contract. The Pentagon cited urgent demand due to stockpile depletion from conflicts in Ukraine and Iran, with fewer than 1,000 Patriot interceptors remaining. Lockheed is investing $8-9 billion to modernize over 20 U.S. facilities.

27 reports · 7 sources · Updated Aug 11, 04:39 PM UTC

The U.S. Central Command (CENTCOM) and the United Arab Emirates announced Task Force Talon Synapse, the first bilateral military AI unit, based in Abu Dhabi. Comprising about 20 American and Emirati experts in AI, data, and cybersecurity, the task force will integrate AI into intelligence support, protect critical infrastructure, and monitor regional security. The initiative follows discussions between CENTCOM Commander Adm. Brad Cooper and UAE National Security Advisor Sheikh Tahnoun bin Zayed al-Nahyan, deepening US-UAE defense technology cooperation amid broader Pentagon AI acceleration efforts.

8 reports · 4 sources · Updated Jul 29, 10:47 AM UTC

Japanese firm OKI signed a contract with Mitsubishi Heavy Industries to supply OQQ-25 towed passive sonar systems for the first three of 11 planned Australian general-purpose frigates (06FFM class). Selected by Australia in August 2025 under the SEA 3000 program, this marks OKI’s first overseas defense equipment transfer. The frigates, built in Nagasaki, are scheduled for delivery starting December 2029, enhancing Royal Australian Navy anti-submarine warfare capabilities and deepening Japan-Australia defense cooperation.

6 reports · 2 sources · Updated Jul 30, 08:38 PM UTC

The U.S. Army has awarded a $55.7 million sole-source contract to DRS Network and Imaging Systems LLC for engineering services on the Improved Bradley Acquisition Subsystem (IBAS), the sighting, targeting, and missile control system for Bradley Fighting Vehicles. The contract, issued on July 6, 2026, by Army Contracting Command-Redstone, was justified as sole-source because DRS is the only qualified source, holding the complete technical data package after corporate acquisitions consolidated ownership. The Army attempted to find alternative sources via public notices in 2024 and 2025, but only DRS qualified among four respondents. The document warns that reverse-engineering the complex subsystem would cost more than the contract and cause years of delay, while in-house work is impossible due to proprietary data control. Failure to proceed would degrade vehicle readiness and soldier safety.

1 reports · 1 sources · Updated Jul 28, 10:16 AM UTC

The U.S. Army has awarded a $55.7 million sole-source contract to DRS Network and Imaging Systems LLC for engineering services on the Improved Bradley Acquisition Subsystem (IBAS), the sighting, targeting, and missile control system for Bradley Fighting Vehicles. The contract, issued on July 6, 2026, by Army Contracting Command-Redstone, was justified as sole-source because DRS is the only qualified source, holding the complete technical data package after corporate consolidations. The Army conducted market research, receiving responses from DRS, Raytheon, Cortina Solutions, and Ricardo Defense, but only DRS qualified. Alternatives such as reverse-engineering or shifting work in-house were rejected due to excessive cost and schedule delays. The contract aims to address parts obsolescence and failure issues to maintain operational readiness and soldier safety.

1 reports · 1 sources · Updated Jul 28, 10:16 AM UTC

The U.S. Air Force is modifying a second B-52H Stratofortress with an upgraded AN/APQ-188 radar at Boeing’s San Antonio facility, following the June 15 crash of the first test aircraft at Edwards Air Force Base, California, which killed all eight crew members. The Radar Modernization Program, part of upgrading 75 B-52Hs to the B-52J standard for service into the 2050s, faces delays and a Nunn-McCurdy cost breach. Testing is expected to resume after the second aircraft’s modification is completed in 2026.

6 reports · 2 sources · Updated Jul 28, 12:29 AM UTC

Less than a week after Ukraine appointed Maj. Gen. Mykhailo Drapatyi as its new commander in chief, a premium X account posing as him has amassed nearly 7,000 followers. The account @Drapatyi_M, created this month, posted at least 22 times mimicking official updates, including thanking President Zelenskyy and discussing Patriot missiles with Raytheon. Ukraine's General Staff confirmed the account is fake and listed Drapatyi's only official pages. The account drew particular ire for announcing an 'audit' of Ukraine's forces, which Ukrainian fundraiser Serhii Sternenko publicly debunked. X permits parody accounts but requires a label; this account lacked one. The incident highlights ongoing confusion over X's blue check mark, which no longer indicates identity verification.

1 reports · 1 sources · Updated Jul 27, 05:23 AM UTC

Ukrainian President Volodymyr Zelensky met with U.S. President Donald Trump at the White House on July 28, 2026, ahead of Senator Lindsey Graham’s funeral, focusing on Ukraine’s licensed production of Patriot missile systems. Separately, Zelensky met Raytheon executives in Kyiv and gave an interview to far-right influencer Laura Loomer, who apologized for past anti-Ukraine remarks. Trump shared Loomer’s clip on Truth Social, signaling shifting MAGA attitudes. Zelensky also warned that Russia is sharing satellite imagery of U.S. bases with Iran.

21 reports · 11 sources · Updated Jul 31, 09:54 AM UTC

The U.S. Army has placed its first order for new-production PAC-2 GEM-T Patriot interceptors in more than three decades, according to Raytheon. The $441.6 million contract, awarded quietly in April 2026, supports Operation Epic Fury against Iran. This marks a shift from recent Army procurement focused solely on newer PAC-3 MSE interceptors. The GEM-T missiles, while less capable than PAC-3 variants, offer flexibility when mixed on launchers. The purchase comes amid heightened global demand for Patriot systems driven by conflicts in the Middle East and Ukraine, and concerns over U.S. stockpile sufficiency against threats from Russia and China. Raytheon also reported nearly $20 billion in Q2 bookings, including over $5 billion in GEM-T orders from international customers.

1 reports · 1 sources · Updated Jul 23, 06:17 PM UTC

The U.S. Army has placed its first order for new-production PAC-2 GEM-T Patriot interceptors in over 30 years, according to Raytheon. The $441.6 million contract, awarded quietly in April 2026, supports Operation Epic Fury against Iran. This marks a shift from recent procurement focused solely on newer PAC-3 MSE missiles. The decision comes amid heightened global demand for Patriot systems driven by conflicts in the Middle East and Ukraine, and concerns over U.S. stockpile sufficiency against threats from Russia and China. GEM-T missiles, while less capable than PAC-3 variants, offer flexibility when mixed on launchers. The House Armed Services Committee had questioned the Army's previous lack of PAC-2 procurement in a June 2026 report.

1 reports · 1 sources · Updated Jul 23, 06:17 PM UTC

The U.S. Army has placed its first order for new-production PAC-2 GEM-T Patriot interceptors in more than three decades, according to Raytheon. The $441.6 million contract, awarded quietly in April 2026, supports Operation Epic Fury against Iran. This marks a significant shift as the Army had exclusively purchased newer PAC-3 MSE interceptors in recent years. The GEM-T variant, optimized against tactical ballistic missiles, remains in active service globally. The purchase comes amid heightened global demand for Patriot systems due to conflicts in the Middle East and Ukraine, and concerns about U.S. stockpile sufficiency against threats from Russia and China. Raytheon CEO Christopher Calio highlighted the order during a quarterly earnings call, noting over $5 billion in international GEM-T bookings. The decision follows congressional scrutiny of the Army's interceptor procurement strategy.

1 reports · 1 sources · Updated Jul 23, 06:17 PM UTC

X-Bow Systems unveiled the Buckler, a low-cost supersonic drone interceptor priced under $100,000, at the 2026 Farnborough Airshow in London. Designed to destroy Group 3 drones like Iran's Shahed-136, the Buckler addresses the cost imbalance of using million-dollar missiles against cheap drones. X-Bow manufactures the airframe and propulsion in-house to avoid supply chain bottlenecks. The Pentagon has requested a briefing, and the interceptor has completed a successful flight test.

12 reports · 5 sources · Updated Jul 21, 10:56 AM UTC

Rocket Lab (RKLB) shares have fallen 37% over the past month, dragging the stock into negative territory year-to-date despite a 31.7% gain over one year. The decline correlates with a collapse in Reddit sentiment scores from 85 to 18, driven by dilution fears from the $8 billion Iridium acquisition, a delayed Neutron rocket debut, and CEO Peter Beck's pre-planned stock sales. However, retail bulls point to strong fundamentals: Q1 revenue of $200 million (up 64% YoY), a record 38% GAAP gross margin, a $2.2 billion backlog, and selection for the Space-Based Interceptor program under Golden Dome. The article contrasts Rocket Lab's valuation (31x 2027 revenue) with AST SpaceMobile (42x), and highlights a split in retail sentiment between dip buyers and loss porn posters on Reddit.

1 reports · 1 sources · Updated Jul 20, 12:15 PM UTC

RTX's Raytheon announced the successful demonstration of its Next Generation Short Range Interceptor (NGSRI), a new missile system designed to replace the Stinger surface-to-air missile for the US Army. The demonstration involved multiple guided missile launches using Raytheon's soldier-portable Command Launch Assembly (CLA), with each missile achieving detection, tracking, and destruction of simulated aerial threats. The system combines the CLA with a precision optics seeker and a solid rocket motor developed by Northrop Grumman, offering improved target acquisition, longer engagement ranges, and greater lethality than the Stinger. The NGSRI is designed for both shoulder-launched and vehicle-mounted systems. The program is part of US Army efforts to modernize short-range air defense capabilities against drones and other aerial threats. Raytheon is leveraging modular design and automated manufacturing to facilitate faster production and deployment.

1 reports · 1 sources

On July 8, 2026, at the NATO summit in Ankara, Belgium and the Netherlands signed a €3.1 billion agreement to jointly acquire a multi-layered air defense system. The package includes 10 NASAMS systems, 20 Skyranger 30 systems, 14 GM200 radars, and 54 command vehicles. Belgium will lease initial NASAMS capacity from 2027, rebuilding its air defense capability after a 20-year gap. Funding comes from the EU’s SAFE instrument.

6 reports · 3 sources · Updated Jul 12, 09:30 AM UTC

On June 24, 2026, U.S. Marines from III Marine Expeditionary Force deployed and tested the Medium-Range Intercept Capability (MRIC) system on Guam during Valiant Shield 2026. This is the first public deployment of the Iron Dome-derived system in the Pacific. MRIC uses SkyHunter interceptors (range 4-70 km) integrated with U.S. radar and command systems. Israel delivered Tamir interceptors in May 2026. The system addresses drone, cruise missile, and rocket threats, with full fielding across three battalions planned by 2028.

17 reports · 6 sources · Updated Jul 10, 03:19 PM UTC

Raytheon, a key business unit of the defense conglomerate RTX, has successfully delivered its second missile-warning sensor to Lockheed Martin. This delivery is a critical component of the United States Space Force’s Next-Generation Overhead Persistent Infrared (OPIR) program. The OPIR system is designed to provide advanced, resilient space-based infrared capabilities for detecting and tracking ballistic missile launches globally. By handing over this second sensor to Lockheed Martin, which serves as the prime contractor for the satellite platform, Raytheon marks a significant milestone in the development and deployment of next-generation national security infrastructure. This progress underscores the ongoing collaboration between major defense contractors and the U.S. military to enhance space-based surveillance and early warning systems. The delivery highlights the continued modernization efforts of the U.S. Space Force in maintaining technological superiority in space domain awareness and missile defense capabilities against evolving global threats.

1 reports · 1 sources

GPS jamming and spoofing have intensified across the Middle East following the outbreak of conflict between the US, Israel, and Iran in February. This electronic warfare arms race involves disrupting Global Navigation Satellite System (GNSS) signals to distort drone and missile guidance or hide military movements. The interference is described as endemic and next-level, significantly impacting both military operations and commercial safety. Iran is identified as a prolific user of spoofing tactics to confuse allied intelligence, potentially utilizing equipment from Russia or China. The disruption has severely affected maritime navigation, with over 1,100 commercial ships experiencing system failures in UAE, Qatari, Omani, and Iranian waters on the first day of the war alone. Experts warn that the Strait of Hormuz, a critical global oil transit route, has effectively gone dark, rendering the Automatic Identification System unreliable. While anti-jam technologies like specialized antennas exist, comprehensive solutions such as quantum navigation remain distant. The situation poses a huge danger to maritime safety, forcing vessels to sail blindly in one of the world's most strategic waterways.

1 reports · 1 sources

RTX Corporation (NYSE: RTX) announced on May 6, 2026, that its Raytheon business has received a significant order for 120 SharpSight radars from Blue Raven. This transaction represents the largest order to date for the multi-domain surveillance radar system, which supports critical operations including border security, search and rescue, anti-surface warfare, and long-range surveillance for both manned and autonomous platforms. Under the agreement, RTX will handle manufacturing and sustainment, while Blue Raven manages global resale and distribution, aiming to expand market availability worldwide. Additionally, RTX reported that AirAsia ordered 150 Airbus A220 aircraft equipped with Pratt & Whitney GTF engines, accompanied by a 12-year maintenance contract. Wall Street analysts maintain a Moderate Buy rating for RTX stock, citing an average upside potential of 26%. As a major player in the aerospace and defense sector, RTX operates through Collins Aerospace, Pratt & Whitney, and Raytheon, serving commercial, military, and government clients globally. This development underscores RTX's continued strength in defense technology contracts and commercial aviation partnerships.

1 reports · 1 sources

The Congressional Budget Office (CBO) has released a report estimating that former President Donald Trump’s proposed Golden Dome missile defense system would cost approximately $1.2 trillion over the next 20 years. This figure drastically exceeds Trump’s initial estimate of $175 billion, revealing a discrepancy of over $1 trillion. The project, originally campaigned as an Iron Dome-style shield for the entire United States, involves satellite-based interceptors and has drawn criticism from scientists and military officials regarding its feasibility and cost-effectiveness. The CBO warns that even at this staggering cost, the system would not be impenetrable and could be overwhelmed by large-scale attacks from peer adversaries like Russia or China. Despite these concerns, major defense contractors including Raytheon, Lockheed Martin, Northrop Grumman, and Anduril have already secured $3.2 billion in contracts. The report highlights significant strategic uncertainties and financial burdens associated with the ambitious defense initiative, which remains a key promise from Trump’s 2024 campaign.

1 reports · 1 sources

Raytheon, a business unit of RTX, has been awarded a contract by Mitsubishi Heavy Industries (MHI) to provide SeaRAM ship self-defense systems for Australia’s Sea3000 General Purpose Frigate program. This initiative aims to replace the decommissioning Anzac-class frigates with eleven Upgraded Mogami-class vessels. Under the agreement, Raytheon will supply SeaRAM launchers, Blast Test Vehicles, and technical services to support the installation and testing of these systems on the first three ships, which are being constructed in Japan by MHI. The SeaRAM system integrates the Phalanx Close In Weapon System with Rolling Airframe Missiles to offer autonomous terminal defense against cruise missiles and advanced airborne threats. Barbara Borganovi, President of Naval Power at Raytheon, highlighted that this integration extends defensive reach and provides a proven air and missile defense layer for the Royal Australian Navy. This selection marks Australia as a new member of the global RAM user community. Work on the contract will be conducted in Louisville, Kentucky, with deliveries scheduled to commence in late 2028. The deal underscores the long-term demand for advanced naval defense systems and strengthens military industrial cooperation between the United States, Japan, and Australia.

1 reports · 1 sources

Rocket Lab (RKLB) stock surged over 40% in two trading sessions, reaching a new all-time high of $117.35 following its Q1 2026 earnings report. The rally was driven by record quarterly revenue of $200.3 million, a $2.2 billion backlog, and guidance that exceeded consensus expectations. Additionally, the company announced significant strategic developments, including its largest-ever launch contract with a confidential customer, a $30 million hypersonic launch deal with Anduril, selection for the Golden Dome Space-Based Interceptor program, and the acquisition of Motiv Space Systems. Wall Street analysts responded positively, with TD Cowen and Needham raising price targets to $120, although the consensus target remains below current levels. Despite strong fundamentals and growing national security revenue streams, technical indicators suggest the stock is currently overbought. Analysts recommend patience for new investors, suggesting a period of consolidation may offer better risk-reward entry points compared to chasing the recent parabolic move. The stock has gained approximately 70% year-to-date, benefiting from broader positive sentiment in the space sector amid SpaceX IPO speculation.

1 reports · 1 sources